BRIEF-Seair announces default on senior debt
* Seair Inc - defaulted on terms of its senior debt senior debt and is currently in negotiations with its creditors to develop a restructuring plan
Feb 7 Perrigo Co Plc said it has entered an agreement with Starboard Value LP, which owns about 6.7 percent of Perrigo's shares, regarding the membership and composition of the drugmaker's board.
Starboard's CEO Jeffrey Smith, Bradley Alford and Jeffrey Kindler have been appointed to the board of the drugmaker.
Perrigo's announcement comes nearly five months after activist shareholder Starboard said the Dublin-based drugmaker must make immediate improvements to turn around its sagging stock price.
Starboard will also recommend two additional independent directors to be added to Perrigo's Board. (Reporting by Ankur Banerjee in Bengaluru; Editing by Shounak Dasgupta)
* Sets regular quarterly dividend of $0.2425 per share Source text for Eikon: Further company coverage:
Feb 24 Citigroup Inc on Friday said that U.S. government and regulatory agencies are investigating the bank's hiring practices.